Bitcoin hovered around $102,600 today after briefly touching $105,000. The dip didn’t shake everyone. Many still bet on a major rally. According to Bitwise CIO Matt Hougan in an interview yesterday, there’s a path for Bitcoin to hit $200,000 by December 31. He points to growing ETF inflows, more corporate buying, and what he sees as open‑door government policies.
Supply And Demand Gap Widens
Supply is fixed at 21 million coins, with about 165,000 new Bitcoin mined each year. ETF funds, on the other hand, snapped up roughly 500,000 Bitcoin over the past 12 months.
Based on reports, that’s more than three times the annual supply. When fresh coins can’t keep pace with big buyers, prices get pushed up.
Corporate And Government Holding Rises
Companies such as
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